29.1 C
Delhi
Wednesday, September 17, 2025

Finance & Central Bank Deputies meeting under G20 presidency to be held in Bengaluru

Date:

Share post:

Donate-GC-Razorpay

New Delhi: The first G20 Finance and Central Bank Deputies (FCBD) meeting under G20 Presidency will be held in Bengaluru during December 13-15, an official statement said on Sunday.

The meeting, which will mark the start of discussions on the Finance Track agenda under the Indian G20 Presidency, will be hosted jointly by the Ministry of Finance and the Reserve Bank of India.

The G20 Finance Track, led by Finance Ministers and Central Bank Governors of G20 countries, focuses on economic and financial issues.

It provides an effective forum for global economic discourse and policy coordination.

The First Finance Ministers and Central Bank Governors Meeting will be held during 23-25 February 2023 in Bengaluru, the statement said.

The upcoming meeting of G20 Finance and Central Bank Deputies will be co-chaired by Ajay Seth, Secretary, Department of Economic Affairs, and Dr Michael D Patra, Deputy Governor of RBI.

Their counterparts from G20 member countries, and from several other countries and international organisations invited by India, will participate in the two-day meeting.

The G20 Finance Track discusses key issues of relevance for the global economy, encompassing the global economic outlook, the international financial architecture, infrastructure development and financing, sustainable finance, global health, international taxation and financial sector issues, including financial inclusion.

‘In the Bengaluru meeting, discussions will focus on the agenda for the Finance Track under the Indian G20 Presidency. This includes reorienting international financial institutions to meet the shared global challenges of the 21st century, financing cities of tomorrow, managing global debt vulnerabilities, advancing financial inclusion and productivity gains, financing for climate action and SDGs, a globally coordinated approach to unbacked crypto assets and advancing the international taxation agenda,’ the statement said.

On the sidelines of the meeting, a panel discussion will be held on ‘Strengthening Multilateral Development Banks to Address Shared Global Challenges of the 21st Century’. A seminar on the ‘Role of Central Banks in Green Financing’ will also be held.

‘The Indian G20 Presidency’s theme of ‘One Earth One Family, One Future’ will guide the G0 Finance Track discussions. Approximately 40 meetings of the Finance Track will be held in several locations in India, which include meetings of G20 Finance Ministers and Central Bank Governors. The discussions in the G20 Finance Track will ultimately be reflected in the G20 Leaders’ Declaration,’ the statement added.

Related articles

The American Military in Bangladesh: Quiet Landings, Loud Questions

The quiet arrival of American boots on Bangladeshi soil has raised eyebrows not just in Dhaka but in...

Qatar’s Blood Money: How Doha Bankrolled Hamas and Fueled the October 7 Massacre

 Since 2012, Qatar has positioned itself as Gaza’s saviour while quietly acting as its executioner. The numbers are...

Goa Is Not Falling, Goa Is Rising Differently – Go Goa 365 Days

Don’t fall for the negative stories about falling numbers of Goan tourists even though my good friend Tehseen...

TDB backs India’s first 240V electric motorcycle platform

New Delhi: Aligning with the government’s Aatmanirbhar Bharat mission, the Technology Development Board (TDB) under the Department of...